Latest news with #Nook
Yahoo
09-07-2025
- Business
- Yahoo
SEGG Media and David Lloyd Announce Groundbreaking $14M U.S. Expansion Deal
New Boca Raton All-Sports Arena Will Combine Elite Fitness, Co-Working Innovation, and World-Class Design A Media Snippet accompanying this announcement is available by clicking on this link. LONDON, July 09, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) ('SEGG Media' or the 'Company'), a leading technology company transforming the global intersection of sports, entertainment and gaming, today announced it has signed a binding Letter of Intent ('LOI') with David Lloyd, one of the most iconic names in British and European sport and wellness. The terms of the LOI allows SEGG Media to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL at a $14 million valuation. The agreement marks the launch of the David Lloyd brand into the U.S. market. The LOI was signed by David Lloyd and Matthew McGahan, Chairman and CEO of SEGG Media, on July 9th during Wimbledon, inside the prestigious Members' Enclosure. David Lloyd, a member of the All England Lawn Tennis and Croquet Club, personally invited McGahan as his guest for this symbolic occasion. McGahan described the moment as 'an honor and a privilege, marking a historic milestone for SEGG Media, the brand and David Lloyd himself.' A First-of-Its-Kind Destination for Sport, Business and Innovation The facility – a 100,000 square-foot brick-built arena already completed in the heart of Boca Raton – will be branded as ' All-Sports Arena, designed by David Lloyd.' The venue will be the first of its kind in Florida, blending state-of-the-art sporting infrastructure with cutting-edge co-working and business amenities. Key features include: Indoor padel, basketball, and pickleball courts; climbing walls; and AI-driven golf simulators A full-service premium gymnasium designed to David Lloyd's specifications Approximately 10,000 square-foot luxury co-working space, inspired by Dubai's successful 'Nook' model Private offices, boardrooms and business services for sports professionals and entrepreneurs A unique street food concept, curated and fronted by renowned celebrity chef Todd English David Lloyd: A Legacy of Excellence in Fitness and Tennis David Alan Lloyd is a former professional tennis player, Davis Cup captain, and a lifelong leader in British sport. He founded David Lloyd Leisure in 1982 and opened the first club that year. Today, the brand operates 130 premium health, fitness and racquets clubs — including 101 in the UK and 29 across Europe — and serves over 710,000 members. The business was acquired by Whitbread PLC in 1995 and has since become one of the most recognized names in the health and fitness industry. Lloyd's leadership helped shape the careers of many British tennis stars, including Tim Henman, whom he mentored to the world's top 10. He is also a former chairman of Hull City A.F.C. and Hull FC. 'This is more than just a gym – it's a sports and business ecosystem,' . 'To partner with a legend like David Lloyd, and to bring this level of quality and ambition to the U.S. market, is a major step forward for and for our shareholders.''After a lifetime in sport and club development, I've waited for the right moment and the right partner to bring my vision to the U.S. This partnership with SEGG Media's brand opens the door to an entirely new era. I couldn't be more excited to launch in Boca Raton – and this is just the beginning.' Global Rollout Strategy Across U.S. and Middle East This Boca Raton launch marks the first in a bold international rollout strategy. SEGG Media and David Lloyd are actively preparing expansion plans across major U.S. cities and the Middle East, leveraging global digital audience and David Lloyd's operational excellence. With additional facilities in development, All-Sports Arenas, designed by David Lloyd, are poised to become a dominant force in premium sports infrastructure worldwide. The model is fully scalable, with the potential to deliver high-margin returns through a unique blend of sport, wellness, community and entrepreneurship. David Lloyd's projections are that the Boca facility will deliver over $6 million in EBITDA in its first year of operations. With additional facilities in development, All-Sports Arenas, designed by David Lloyd, are poised to become a dominant force in premium sports infrastructure worldwide. About SEGG Media Corporation SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment and gaming group operating a portfolio of digital assets including and Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love. About David Lloyd David Lloyd is one of the most respected figures in global sport and fitness. As the founder of David Lloyd Leisure, he pioneered the luxury health club model across the UK and Europe. His name is synonymous with elite training, family lifestyle, and transformative wellness destinations. Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to: the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to complete acquisitions; the Company's ability to remain in compliance with Nasdaq Listing Rules; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. This press release was published by a CLEAR® Verified individual. CONTACT: For additional information, visit or contact media relations at media@
![[Watch] When LEGO's Balrog Meets Your Bookshelf: A Mixed Bag From Middle-Earth](/_next/image?url=https%3A%2F%2Fwww.therakyatpost.com%2Fwp-content%2Fuploads%2F2025%2F07%2FUntitled8.jpg&w=3840&q=100)
![[Watch] When LEGO's Balrog Meets Your Bookshelf: A Mixed Bag From Middle-Earth](/_next/image?url=https%3A%2F%2Fall-logos-bucket.s3.amazonaws.com%2Ftherakyatpost.com.png&w=48&q=75){kind=small}
Rakyat Post
04-07-2025
- Entertainment
- Rakyat Post
[Watch] When LEGO's Balrog Meets Your Bookshelf: A Mixed Bag From Middle-Earth
Subscribe to our FREE After years of waiting for LEGO to tackle one of cinema's most iconic fantasy showdowns, the Balrog has finally emerged from the depths of Moria – though perhaps not quite in the way fans expected. The new LEGO Balrog Book Nook, priced at RM549, represents an ambitious attempt to blend literature and brick-building, with results that are both impressive and puzzling. Coming from someone who's been enchanted by LEGO's Lord of the Rings revival since Rivendell launched in 2023, and who's owned every Tolkien book since age 12, this should have been a dream purchase. Instead, it's a set that showcases both LEGO's creative ambition and some questionable design choices. The Price of Precious Plastic At RM549 for 1,201 pieces, you're looking at roughly 46 sen per brick – a premium that puts it firmly in luxury territory. While the piece count sounds substantial, a significant portion consists of small flame elements that create the fiery backdrop. The build moves along briskly across nine numbered bags, with the experience feeling lighter than what you'd typically expect from a set in this price range. That said, there are some genuinely nice touches. The inclusion of Mithril-silver studs worked into the pillar construction adds authentic Middle-earth flair, and the overall engineering behind the Book Nook's opening mechanism is quite clever. The Fellowship of One The set includes a single minifigure: Gandalf the Grey, who's nearly identical to his appearance in The Shire set, minus the fabric cape but plus his Elven sword Glamdring. While this might disappoint completionist collectors, it's actually a well-executed figure that captures the wizard's iconic moment perfectly. The real star, however, is the Balrog itself, where LEGO's designers truly shine. Built like a sophisticated mechanised entity, the demon impresses with its articulation and a genuinely striking head design featuring printed eyes and a fiery mouth. The Technic-based wing mechanism allows for smooth opening and closing, and the scale works beautifully alongside Gandalf. After years of waiting, fans finally have a LEGO Balrog worthy of the name. Book Nook or Design Quirk? Here's where things get interesting – and slightly problematic. The 'Book Nook' concept is genuinely innovative, designed to sit between books on your shelf like a literary diorama. The execution is mechanically sound, with a friction-based closing system that's both elegant and functional. The catch? It's surprisingly tall for its intended purpose. Testing it alongside a standard collection of books reveals that it towers over most editions, making it less of a seamless bookshelf integration and more of a standalone display piece. It's a fundamental oversight for a product specifically designed to complement literature. The Bright Side of Moria Despite its flaws, there's plenty to appreciate here. The flame effects look genuinely impressive, especially when backlit with a phone's flashlight – a clever design feature that creates dramatic shadows. The set practically begs for aftermarket lighting kits, which could transform it into a truly spectacular display piece. The Book Nook works beautifully as a dramatic diorama when opened, capturing the epic scale of Gandalf's last stand. The architectural details in the pillars evoke the grandeur of Khazad-dûm, and the narrow bridge design authentically recreates the precarious setting from the films. The Price of Innovation LEGO's recent Lord of the Rings offerings have been consistently excellent, making this set's mixed execution more noticeable. The Book Nook format isn't inherently flawed – it's actually quite innovative. The issue lies in the execution and pricing rather than the concept itself. At full retail price, it's hard to recommend without reservations. However, the set becomes much more appealing at a discount, where the unique format and impressive Balrog build can shine without the sting of premium pricing. Between Brilliance and Bewilderment The LEGO Balrog Book Nook is a set that swings between brilliance and bewilderment. When it works, particularly the Balrog build and the dramatic opening display, it truly works. The engineering is sound, the concept is fresh, and fans finally get their long-awaited showdown in brick form. The challenges lie in the execution: the sizing issues for actual bookshelf use, the premium pricing for what feels like a lighter build experience, and some missed opportunities for a more complete Fellowship moment. For dedicated LEGO Lord of the Rings collectors, this might still be worth considering, especially on sale. For casual fans, it's worth waiting to see how the Book Nook format evolves – or perhaps hoping LEGO revisits this iconic scene in a more traditional diorama format. READ MORE : Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
CairoScene
15-06-2025
- Business
- CairoScene
Lottery.com Acquires Dubai-Based Nook Holdings for $2.5 Million
acquires a 90% stake in Dubai's Nook Holdings to establish a regional hub, part of a global strategy to scale in sports, health, and entertainment sectors. Jun 15, 2025 Texas-based has signed a $2.5 million agreement to acquire a 90% stake in Nook Holdings, a Dubai-based sports and wellness incubator founded by Ravi Bhusari. The transaction sees Nook rebranded under the platform, forming the company's first regional base in the Middle East and North Africa (MENA). Based in One JLT, Nook provides co-working, licensing, and tailored business support services for startups in the fitness, wellness, and sports sectors. As part of the acquisition, aims to use Nook as a launchpad for its modular global expansion model, which focuses on integrating cash-generating, high-growth businesses across sports, health, and entertainment. Nook reported a net profit of $354,000 in FY2024, with internal forecasts projecting 38% year-on-year growth in 2025. According to the acquisition marks the beginning of a broader rollout of incubators, with a second Dubai location set to open in Al Quoz by the end of 2025. Further hubs are planned in Riyadh, Jeddah, Abu Dhabi, and Greater Miami. 'This is not a one-off transaction – this is a scalable blueprint,' said Matthew McGahan, Chairman and CEO of and 'We operate a modular model that enables us to bolt on high-potential, cash-generative businesses that expand both brands quickly and globally.' The acquisition follows an $18 million capital injection in late 2023, positioning to move forward with its strategic growth initiatives.
Yahoo
11-06-2025
- Business
- Yahoo
Lottery.com Announces Sports.com Hub Global Expansion Plans
FORT WORTH, Dallas, June 11, 2025 (GLOBE NEWSWIRE) -- Inc. (NASDAQ: LTRY, LTRYW) (' or 'the Company'), a leading technology company transforming the intersection of gaming, sports and entertainment, today announces its growth strategy for Nook Holdings Limited ('Nook'), the UAE-based sports and wellness incubator located at One JLT, Dubai. The Company is expected to complete its acquisition of a ninety percent (90%) ownership stake in Nook on or before June 30, 2025. The Company has unveiled a strategic, multi-market rollout plan for its co-working and incubation model. This forms part of the Company's broader platform growth strategy designed to drive international brand presence, cash generation through tangible asset acquisitions. Nook will be rebranded under upon completion of the transaction. 'This is not a one-off transaction — this is a scalable blueprint,' . 'For several months, we've been clear that and are executing an aggressive buy-and-build strategy. We operate a modular model that enables us to bolt on high-potential, cash-generative businesses that expand both brands quickly and globally.' This execution aligns with the stated intent behind $100 million financing facility with Generating Alpha. The financing facility provides the Company with growth capital to target strategic acquisitions of businesses that possess tangible assets and demonstrate strong recurring revenue potential along with support existing operations. Nook generated $354,000 in net profit in FY 2024 and is projecting a 38% increase to $490,000 in 2025. The Company has confirmed that its second incubator hub will be located in Al Quoz, a high-growth district near DIFC and the Burj Khalifa, within a major new leisure complex. The site is expected to open in Q4 2025 and will serve as a regional anchor for the Company's operations in the Middle East. Al Quoz Hub refreshment area (rendering) Further locations have been identified for international expansion, including: Riyadh and Jeddah, Saudi Arabia Abu Dhabi, UAE Greater Miami, Florida area 'This is a long-term platform play,' 'We're creating a repeatable model that connects high-growth markets to a shared infrastructure. With the right businesses in place, the potential to scale across multiple verticals is enormous.' Each hub is designed to serve as a launchpad for sports, health, wellness, and entertainment startups. By integrating these ventures into the broader ecosystem, the Company aims to unlock new monetization channels and deliver long-term shareholder value. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. A photo accompanying this announcement is available at This press release was published by a CLEAR® Verified individual. CONTACT: For more information, please visit or contact our media relations team at press@
Yahoo
11-06-2025
- Business
- Yahoo
Lottery.com Announces Sports.com Hub Global Expansion Plans
FORT WORTH, Dallas, June 11, 2025 (GLOBE NEWSWIRE) -- Inc. (NASDAQ: LTRY, LTRYW) (' or 'the Company'), a leading technology company transforming the intersection of gaming, sports and entertainment, today announces its growth strategy for Nook Holdings Limited ('Nook'), the UAE-based sports and wellness incubator located at One JLT, Dubai. The Company is expected to complete its acquisition of a ninety percent (90%) ownership stake in Nook on or before June 30, 2025. The Company has unveiled a strategic, multi-market rollout plan for its co-working and incubation model. This forms part of the Company's broader platform growth strategy designed to drive international brand presence, cash generation through tangible asset acquisitions. Nook will be rebranded under upon completion of the transaction. 'This is not a one-off transaction — this is a scalable blueprint,' . 'For several months, we've been clear that and are executing an aggressive buy-and-build strategy. We operate a modular model that enables us to bolt on high-potential, cash-generative businesses that expand both brands quickly and globally.' This execution aligns with the stated intent behind $100 million financing facility with Generating Alpha. The financing facility provides the Company with growth capital to target strategic acquisitions of businesses that possess tangible assets and demonstrate strong recurring revenue potential along with support existing operations. Nook generated $354,000 in net profit in FY 2024 and is projecting a 38% increase to $490,000 in 2025. The Company has confirmed that its second incubator hub will be located in Al Quoz, a high-growth district near DIFC and the Burj Khalifa, within a major new leisure complex. The site is expected to open in Q4 2025 and will serve as a regional anchor for the Company's operations in the Middle East. Al Quoz Hub refreshment area (rendering) Further locations have been identified for international expansion, including: Riyadh and Jeddah, Saudi Arabia Abu Dhabi, UAE Greater Miami, Florida area 'This is a long-term platform play,' 'We're creating a repeatable model that connects high-growth markets to a shared infrastructure. With the right businesses in place, the potential to scale across multiple verticals is enormous.' Each hub is designed to serve as a launchpad for sports, health, wellness, and entertainment startups. By integrating these ventures into the broader ecosystem, the Company aims to unlock new monetization channels and deliver long-term shareholder value. About The Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook. Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, expectations related to the investigation of short selling or potential naked short selling, including the Company's analysis, its ability to take appropriate corrective action, or any potential investigations by regulators; any future findings from ongoing review of the Company's internal accounting controls; additional examination of the preliminary conclusions of such review; the Company's ability to secure additional capital resources; the Company's ability to continue as a going concern; the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq; the Company's ability to regain compliance with the Bid Price Requirement; the Company's ability to regain compliance with Nasdaq Listing Rules; the Company's ability to become current with its SEC reports; and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. A photo accompanying this announcement is available at This press release was published by a CLEAR® Verified individual. CONTACT: For more information, please visit or contact our media relations team at press@
